Economy And Business

How To Invest In FGN Savings Bond Offer For March 2022

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How to invest in FGN Savings Bond Offer For March 2022.

 

 

Newsonline reports that the Debt Management Office Nigeria On behalf of the Federal Government of Nigeria is offering for subscription, FGN Savings Bond at the following interest rates:

2-Year Savings Bond due Mar 16, 2024: 9.470% p.a

3-Year Savings Bond due Mar 16, 2025: 10.470% p.a Subscription opened yesterday and closes on Friday. The minimum amount required to subscribe is N5,000.

SUMMARY OF THE OFFER

How to invest

Interest will be paid on a quarterly basis. To subscribe, contact your bank, stockbroker or visit www.dmo.gov.ng for designated distribution agents.

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